Jefferies Financial Group Reaffirms Buy Rating for GB Group (LON:GBG)

GB Group (LON:GBG)‘s stock had its “buy” rating reiterated by equities research analysts at Jefferies Financial Group in a research report issued to clients and investors on Wednesday, Digital Look reports. They currently have a GBX 210 target price on the stock. Jefferies Financial Group’s target price would suggest a potential upside of 35.83% from the stock’s previous close.

Other analysts also recently issued reports about the stock. Canaccord Genuity Group reissued a “speculative buy” rating and issued a GBX 300 target price on shares of GB Group in a research report on Tuesday. Berenberg Bank downgraded shares of GB Group to a “hold” rating and cut their price target for the company from GBX 260 to GBX 190 in a report on Wednesday, September 2nd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 345 price objective on shares of GB Group in a research note on Thursday, October 1st. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, GB Group currently has a consensus rating of “Moderate Buy” and an average target price of GBX 252.

GB Group Stock Down 1.5%

Shares of GB Group stock traded down GBX 2.40 during trading on Wednesday, hitting GBX 154.60. 38,669,285 shares of the stock traded hands, compared to its average volume of 3,887,228. The stock has a market cap of £353.55 million, a P/E ratio of -5.04, a PEG ratio of 173.40 and a beta of 0.02. The company has a debt-to-equity ratio of 23.89, a quick ratio of 0.74 and a current ratio of 1.09. GB Group has a twelve month low of GBX 141.80 and a twelve month high of GBX 262.50. The company has a fifty day moving average price of GBX 156.40 and a two-hundred day moving average price of GBX 193.88.

About GB Group

GBG exists to enable safe and rewarding digital lives for genuine people, everywhere. As the AI trust intelligence platform, we turn billions of interactions across people, places and businesses into the signals that help businesses drive and protect growth.

For over 30 years, we have combined global data with innovative technology to help more than 20,000 customers globally verify identity and location, protecting against digital crime, strengthening business resilience and driving responsible growth at scale.

GBG is a publicly traded company (LSE: GBG) and constituent of the FTSE 250 index.